https://www.taxtmi.com/caselaws?id=462539 Interest received on enhanced compensation was treated as taxable income under the Income-tax Act, with 50% brought to tax by applying Section 56(2)(viii) read with Section 57(iv) and Section 145A(b). The appellate authority upheld the assessment, and the Tribunal found the addition consistent with the statutory provisions, declining to interfere. The assessee's challenge therefore failed, and the taxable character of the interest was affirmed. en-us Mon, 12 Aug 2024 00:00:00 +0530 Sun, 29 Jun 2025 16:27:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=462539 Interest received on enhanced compensation was treated as taxable income under the Income-tax Act, with 50% brought to tax by applying Section 56(2)(viii) read with Section 57(iv) and Section 145A(b). The appellate authority upheld the assessment, and the Tribunal found the addition consistent with the statutory provisions, declining to interfere. The assessee's challenge therefore failed, and the taxable character of the interest was affirmed. Case-Laws Income Tax Mon, 12 Aug 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=462539